Accel Leads One Of The Largest Series B Funding Rounds In French Fintech Lydia

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Lydia, the French fintech firm has raised $86 million in an extension of its second funding round led by venture capital firm Accel. It allows fast money transfer between users.

The deal was structured as an extension of its Series B funding round, bringing the total funds raised in the round to $131 million, making it the largest raised by a French fintech company.

Launched in 2013, Lydia has so far raised over $160 million in funding from investors such as Tencent, XAnge, New Alpha, Groupe Duval and Founders Future.

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